@Simon_Goldberg Currently, nobody I’m aware of. Onboarding the current market of physical collectors into blockchain/web3 tech seems to be the biggest barrier for entry right now. Others include, the lack of founder & projects understanding of the tech, current user demographics & web3 marketing
@ICuRaRook @ACR_POKER Pretty easy fold imo. UTG’s range is very strong and bb probably doesn’t squeeze here against this particular opponent’s UTG open light very often. Additionally your hand doesn’t block any 4bet value hands JJ+,AK,AQs combos and does block potential bluff hands like A10.
It’s pretty obvious what’s happening with the almighty Dollar
It’s losing its dominance as global reserve currency so they’re closing the exits (crypto is a big one) to try to slow it down
Without global reserve status they can’t print money to infinite with no consequences
The problem with this strategy is the rest of the world will open up to crypto, innovation will leave and the US will just ensure a future of low to no growth for decades to come
Crypto will flourish with or without the US
Onward we go.
If you’re reading this, I would genuinely like to know what you think should be expected of a project?
What type of utility or rewards would make you grateful to be apart of a community?
What is the number 1 thing you believe we need right now to see progress?
3/3 ❤️
How much longer do you think the investors/consumers in the NFT space will continue to deploy capital into projects with anon teams & the same influencers already known for rugging projects?
What about teams with zero legitimate & logical plans for capital allocation?
1/3
Maybe it’s just simply the infancy of the space & a lack of education.
Regardless, it is off putting. I have seen very few innovative & sustainable ways to actually reward holders in this market, relative to the technology & the amount of capital these projects are raising.
2/3
1/ Following the confirmation at the end of today that the wires initiated on Thursday to remove balances were not yet processed, $3.3 billion of the ~$40 billion of USDC reserves remain at SVB.
The problem here with #DAI is that the PSM is dependent on #USDC=$1.
This system has USDC liquidations disabled. This could result in vaults with more debt than collateral value being abandoned, yet still remaining in the collateral portfolio. Leaving maker holding the bag.
Total collateralization of the system is at 154% with $8.26 billion worth of collateral backing 5.38 billion DAI.
No liquidations have been triggered during the last week.
System is working as expected, and always has been.
Maker Protocol's code is law for DAI stability.
Getting into the festive spirit so I made some coloring pages inspired by my @NoncoDucks. I hope you have a quack-tastic fun time coloring these.
Comment here and share any that you color 'cause I wanna see your creations 🥰